ALTEK TRADING ApS — Credit Rating and Financial Key Figures

CVR number: 27381510
Oliehavnsvej 18, 8000 Aarhus C

Company information

Official name
ALTEK TRADING ApS
Personnel
1 person
Established
2003
Company form
Private limited company
Industry

About ALTEK TRADING ApS

ALTEK TRADING ApS (CVR number: 27381510) is a company from AARHUS. The company recorded a gross profit of 1916.5 kDKK in 2020. The operating profit was 480.3 kDKK, while net earnings were 368.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.9 %, which can be considered excellent and Return on Equity (ROE) was 40 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ALTEK TRADING ApS's liquidity measured by quick ratio was 2.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
2020
Volume
Net sales
Gross profit635.741 535.531 834.891 882.421 916.45
EBIT-5.03273.06571.93622.70480.25
Net earnings-11.98202.73442.93481.62368.23
Shareholders equity total469.631 011.181 054.111 035.73803.95
Balance sheet total (assets)1 248.851 388.151 653.851 606.981 711.09
Net debt62.48- 817.09- 711.52-1 006.87-1 081.52
Profitability
EBIT-%
ROA-0.4 %20.7 %37.6 %38.2 %28.9 %
ROE-2.6 %27.4 %42.9 %46.1 %40.0 %
ROI-0.7 %30.2 %54.5 %59.6 %52.2 %
Economic value added (EVA)-4.46197.84435.38466.89371.52
Solvency
Equity ratio37.6 %72.8 %63.7 %64.5 %47.0 %
Gearing62.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.44.23.73.62.1
Current ratio1.54.33.83.72.1
Cash and cash equivalents229.39817.09711.521 006.871 081.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:28.9%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.0%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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